MINIMUM WAGE BOOST ... In addition to raising tax revenues from affected workers, the minimum wage boost WILL add to the hyperinflation, as well as cut back jobs in any business with a fixed budget for personnel (like the private sector). The effect will not always be immediate, as time delays work through the system. But the consequences of such foolish dictates is certainly bad. (Hey CONgress, how bout fixing the debased money system that reduces buying power, eh?) HYPERINFLATION: https://facebook/groups/RepFormGov/permalink/378092142303402/?stream_ref=3 Prepare your exit strategy because the economy will contract, more people will lose jobs, more people will demand public charity, and the net result will be collapse sooner than later.
Posted on: Thu, 30 Jan 2014 09:55:48 +0000
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